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Confusion in the Caribbean

•”Today is officially the first day of sunbathing under natural

conditions.” – Mainland PR Kat Milne on cancelling her solarium


Imagine how tough it is. There you are working on your tan and

sipping cocktails in your Caribbean tropical island paradise.

Then some pesky journalists call to ask you questions about your

(ailing) business back home in windswept Blightie. Who can blame St

James&#39s Place chairman Sir Mark Weinberg for having difficulty in

understanding why journalists were asking about its publicly

announced profit warning? A confused Weinberg said he did not have

details to hand.

His company is keen to point out that Weinberg is 70 years old and

had to get up at 4am for the briefing. It&#39s a hard life.


Aberdeen hits back over &#39misleading&#39 marketing material

MPs have accused the split-capital sector of failing to warninvestors about levels of gearing.In its report into the split-cap crisis, the Treasury selectcommittee condemns the sector for failing to draw attention to thewidespread rise in bank borrowing which made zero shares far riskierthan investors were led to believe in marketing material.It singles out Aberdeen Asset […]

Swift solution for Selestia

Technology provider Sirius Financial Systems and fund supermarketSelestia are teaming up to offer IFAs end-to-end processingcapabilities when using the software provider&#39s Swift system.IFAs using Swift will be able to access Selestia&#39s suite of onlinetools to create bespoke investment portfolios for their clients fromthe 336 investment funds Selestia offers.The deal also means Swift users will be […]

TrustNet sees 40% increase in web hits

UK investment fund information provider TrustNet says the number ofpeople logging on to its website has increased by more than 40 percent since last year.The number of monthly user sessions has gone up to 190,000 in 2002from 120,000 in 2001.It calculates this figure by looking at the number of page impressionsthat users make.The top five […]

Emerging influences

International political developments will play a major part in stockmarket trends.US domestic consumption trends will also continue to have a major impact on the economies of emerging, as well as developed, countries. The prospect of further debt defaults remains as many governments in emerging markets find fiscal discipline difficult.But there are some positive signs that […]

State of the markets: UK equity income

Artemis Income Fund manager Nick Shenton discusses the state of the UK equity income market with journalist Alexis Xydias. With the first three months of 2015 showing strong returns for both the Artemis Income Fund and UK markets generally, Nick Shenton discusses the fund’s top contributors – including overseas holdings Novartis and Bayer – and […]


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